Gautam Adani has become the 14th richest person in the world, as per the latest Bloomberg Billionaires Index. Not only that, but he also dethroned China’s Zhong Shanshan to occupy the second spot among the richest persons in Asia. Currently, Adani has a net worth of $66.5 billion.
Gautam Adani’s Net Worth is Surging Day-by-Day
Gautam Adani is on a record-breaking spree. The year 2021 is the most productive year of his life. In the history of billionaires, no other person’s wealth has grown in such a dramatic manner except Adani.
At the end of 2020, Gautam Adani’s net worth was $33.8 billion. In the last four and half months, he added a whopping amount of $32.7 billion to reach a net worth of $66.5 billion. In terms of wealth generation in 2021, all big giants including Elon Musk, Jeff Bezos, and Mukesh Ambani, etc are nowhere near to him.
Currently, he is the second richest person in Asia. With a total wealth of $66.5 billion, he surpassed Chinese Billionaire Shanshan’s wealth of $63.6 billion today. Mukesh Ambani, the richest Asian, has a total wealth of $76.5 billion.
If Adani’s business continues to grow like this, it is a matter of few days for him to dethrone Ambani to become the richest Asian.
In February, Mukesh Ambani surpassed Shanshan’s net worth to occupy the richest person position in Asia.
Adani’s Journey to Second Richest Person in Asia
Adani started his business journey as a commodity trader. And now, he has a business empire that includes most of the business sectors like energy, ports, airports, logistics, agriculture, real estate, financial services, FMCG, gas distribution, and defense, among others.
Adani’s wealth saw a spike due to the share price surge of all his business firms including Adani Enterprises, Adani Gas, Adani Green, and Adani Transmission.
In the last 12 months, Adani Total Gas share has jumped by 1145%, whereas Adani Enterprises saw a share price surge of 827%. Meanwhile, Adani Transmission, Adani Green Energy, and Adani Power have grown 617%, 433%, and 189%, respectively.
Yesterday, Adani Green Energy Limited (AGEL) has acquired SB Energy India, a subsidiary of Softbank group. AGEL bought a 100% stake of SB Energy in a whopping amount of $3.5 billion. AGEL claimed that this is the largest acquisition in the renewable energy sector.
Currently, Adani Group has control over the major airports of India. The group has signed 50-year operating rights from the Airports Authority of India for airports in Ahmedabad, Lucknow, Mangaluru, Jaipur, Thiruvananthapuram, and Guwahati. Mumbai International Airport and the upcoming Navi Mumbai International Airport are also under the control of Adani-led company.